“I believe that everyone must take responsibility,” says Laurent Saint-Martin

by time news

2024-10-20 10:43:00

The tax on the “super profits” of large companies must “ensure that the profiteers of the crisis contribute to national solidarity”, according to LFI

The LFI deputies and their left-wing allies imposed a tax «super profits» large companies, “victory” which could, according to them, yield 15 billion euros.

This “exceptional contribution”which would apply to companies with a turnover exceeding 750 million euros, aims, according to the elected “rebels”, to “Ensure that those who profit from the crisis contribute to national solidarity”who I am “indecently enriched” during the health crisis and then the energy crisis.

This amendment, however, will be put to a new vote next week, when the party “recipes” of the 2025 state budget will be examined in the hemicycle, where those elected will start from the original version of the project presented by the government.

In detail, it will be considered as a « super profit » the share of company profits exceeding 1.25 times the average annual profits achieved in the period 2017-2019 (i.e. before the Covid crisis). Additional tax will be calculated on these profits “surplus”with three brackets imposed at 20%, 25% and 33%.

Del “Gas groups that achieved profits of over 10 billion euros in the first half of the year” duty “make your own contribution to the collective effort”claimed the ecologist Eva Sas. “If you want all our companies to leave the territory, you are right: this is the way to go! »replied Véronique Louwagie (LR). The RN, whose elected officials came up with the idea “interesting”he abstained.

The Finance Commission also approved some measures aimed at reducing the tax credit for research (CIR), the fiscal aid for businesses introduced during the five-year term of François Hollande, but the cost of which is criticized by the left for its effectiveness in terms of supporting growth and jobs. An amendment presented by the PS therefore envisages transforming this tax credit into a tax relief for large companies: they would no longer benefit from it in the event of insufficient profits or losses.

Another amendment, presented this time by the right, aims to deprive financial and insurance companies of the CIR, which could generate savings of 1.5 billion euros, out of the 8 billion that this tax niche costs in total. This tax credit must be “refocused on industrial or agricultural activities” participating “the productive economy”claimed its author, Corentin Le Fur (LR). The general budget rapporteur, Charles de Courson (LIOT), also approved an amendment aimed at reducing the eligible base for the CIR, with an expected gain of €250 million.

In the evening the deputies approved several increases in local taxes, in particular the house tax on second homes, allowing all municipalities to apply the increase (up to 60%) reserved at this stage for areas “tense”.

Agreement was also given to the departments’ increase in the development tax levied on building permits and the extension of the commercial property tax to giant warehouses – with the e-commerce sector in the crosshairs. Instead, the commission supported an agricultural land property tax exemption that goes beyond the government’s proposed measure.

More than 400 amendments still remained to be examined on Saturday, before debates begin in the chamber on Monday.

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